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re: Fed holds rates steady despite pressure from Trump

Posted on 5/7/25 at 1:51 pm to
Posted by NorthGwinnettTiger
Member since Jun 2006
53278 posts
Posted on 5/7/25 at 1:51 pm to
quote:

Fed holds rates steady


Shocker
Posted by DaTruth7
Member since Apr 2020
4165 posts
Posted on 5/7/25 at 1:52 pm to
Why do they let Powell talk? It’s pointless
Posted by BoudinChicot
Member since Sep 2021
2325 posts
Posted on 5/7/25 at 1:55 pm to
Good. People should live within their means.

frick having to blow up inflation so people can borrow free money.
Posted by Indefatigable
Member since Jan 2019
37259 posts
Posted on 5/7/25 at 2:06 pm to
Beyond pandering, why would rates be cut right now?
Posted by The Boat
Member since Oct 2008
177279 posts
Posted on 5/7/25 at 2:08 pm to
quote:

Yup, Powell juiced it .50 2 months before the election. Had karamello been elected, he probably would’ve already lowered it another 100 basis points

Rates were cut in December after Trump won.
Posted by Tomatocantender
Boot
Member since Jun 2021
5597 posts
Posted on 5/7/25 at 2:18 pm to
quote:

Rates were cut in December after Trump won.


To politically help out Biden/Kamala's Q4 '24 numbers. What else you got, genius?
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
19829 posts
Posted on 5/7/25 at 2:19 pm to
quote:

Beyond pandering, why would rates be cut right now?
I was thinking based on tariff responses he might even have to go up (i.e., inflation heating up) slightly. Where we are at with what data we have today holding steady is the "best guess". Not justification to go up. Not enough justification to go down. So there's only one choice left.
Posted by The Boat
Member since Oct 2008
177279 posts
Posted on 5/7/25 at 2:20 pm to
quote:

To politically help out Biden/Kamala's Q4 '24 numbers. What else you got, genius?


Politically help out an administration that lost the election.
Posted by SlayTime
Member since Jan 2025
3738 posts
Posted on 5/7/25 at 2:20 pm to
quote:

Wall Street respects and listens to one of those guys. They other they snicker at


Respect from a bunch of coked out globohomos who’d pimp out their daughters for profits is all a man needs really.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41063 posts
Posted on 5/7/25 at 2:30 pm to
quote:

To politically help out Biden/Kamala's Q4 '24 numbers. What else you got, genius?
Posted by Bourre
Da Parish
Member since Nov 2012
23915 posts
Posted on 5/7/25 at 2:46 pm to
Your leftist hero, Biden, is no longer in office. The biggest joke of all was you voting for him
Posted by RobbBobb
Member since Feb 2007
34219 posts
Posted on 5/8/25 at 12:15 pm to
quote:

Politically help out an administration that lost the election.

So when the 2025 numbers are released and compared to 2024, is anyone going to remember that the fed eased during the final months of Bidens admin, or are they going to say Trumps policies didnt compare so good?

Think man, think
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